What is a Reverse Mortgage?


A reverse mortgage is a loan that is available to homeowners 62 years or older allowing them to convert part of the equity in their homes into cash.

Instead of paying money toward your regular mortgage, the mortgage pays money to you, monthly if you prefer.

This is how reverse mortgages work:

  • No loan payments from you as long as you remain in the home
  • Reverse mortgages are designed to be paid once you no longer live in the home
  • Interest rates are added to the loan principle and paid off when you leave the home

Rreverse mortgage lenders can help establish how you receive your money such as a lump sum, a line of credit, regular monthly payments, or a combination of these.

Call Brian Lardner for additional information. We would be pleased to meet with you to discuss the pros and cons of this type of loan.

What are the Benefits of Reverse Mortgages?


Reverse mortgages are considered valuable assets for those over 62 years of age in strategic financial planning for retirement by supplementing their retirement income.

The following is a summary of the benefits:

  • You maintain ownership of your home as long as you comply with the loan terms
  • No monthly mortgage payments required from you – you receive the funds
  • Disbursement by full or partial sum, line of credit, monthly payments or combination
  • If the housing market declines you are protected
  • Social Security and Medicare benefits are unaffected
  • Your debt obligation can never exceed the value of the home

We can assist in carefully assessing your financial situation, reviewing the pros and cons before making a decision, and in finding reputable reverse mortgage lenders.

We Can Help Match You to the Right Reverse Mortgage Lenders


We have built a time-honored reputation as one of the finest reverse mortgage lenders in the area.

Part of our business includes assisting those over 62 years of age who are considering reverse mortgages by reviewing how they can work for you, advantages and disadvantages and discussing the pros and cons to help avoid making critical mistakes.

As reverse mortgage lenders, we can also help in aligning you with the best rates possible. We know you have worked hard to build equity in your home, and you deserve to get the most out of it.

Call Brian Lardner to help match your needs to the right reverse mortgage loan. 805-434-5226